Predictions and Analysis

Strong Bearish Candle Closing on Weekly, indicates further correction to levels 10562 (50%) and 10416 (38.2%) Fibo Levels.
With the Karnataka Election Results settling down against BJP, markets sentiments for BJP's Victory in 2019 are dented and that will show up in price for the next few sessions.
Yet, NIfty can still comeback in full force buying after...

ICICI Bank could be good for short/medium term Long position next week.
I had placed a buy order @ 286 (futures) and am holding the position.
Daily Chart:
Fibonacci levels in the daily chart suggest that Wave-II is at an end and Wave-III could start sooner than later.
SL & Targets indicated in the chart
30 min Chart:
Money Flow Index in the 30 min chart is...

Tata Chemicals may be forming a Head & Shoulders pattern
Additionally the CMP is at a 127.2% extension of the current down wave. This is very commonly observed. It may go down further to 161.8%
Overall I consider this a distinctly long opportunity

Profit booking seems to have commenced in Sun TV NSE:SUNTV after good Q4 results.
Also, I can see that it has retraced 61.8% of its previous fall from ~ 1100 levels before starting a downward journey.
Looks like a good shorting opportunity to me with stop loss a few points above 1000 and first target near the 903-915 zone.
Disclaimer: Views expressed here are...

Tata Steel NSE:TATASTEEL is witnessing selling pressure after not so good results where most of the profit came from exceptional gain.
I can see that the stock has also reversed after retracing around ~ 38.2% of its previous fall from Jan 31 highs and is on its way to form a Bearish Engulfing candlle today.
Good opportunity to short here with stop loss a few...

Nifty and Banknifty have formed a shooting star pattern today after Karnataka Election Results which may indicate trend reversal.
I am looking for shorting opportunities in relatively weak private sector banks like ICICI NSE:ICICIBANK and Axis NSE:AXISBANK who came up with bad results but have gone up significantly.
Here I see a Bearish candle around 50%...

...... Spot & Future Intraday, Future Weekly Levels
Plotted & Mentioned on chart.
Due To KARNATAKA Election Result, Volatility may increase.
NIFTY Spot: 11084 - 11090, Crucial Before New All Time HIGH.
Though Some minor Resistance 10847, 10940 is there.
Trade as per Specified level with description.
FUTURE Trader must take position with Hedge...

Detailed plotted & mentioned on Chart.
Result is good both Topline & Bottom Line.
Disclaimer: Take this information as study/education purpose only.
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For taking trade decision Consult with your Financial Advisor.

Ripple also riding at the correction areas in which buy after that can take profit up to targeted areas
currently ripple in the major support of 0.318 fibo level
if the bullish ride starts from this can make abc wave correction to the targeted areas

Stock has been moving in the Broadening Wedge boundaries making nice alternate touch. It has bounced from the lower boundary and retested it again today. RSI coming out of overbought zone. Ideally any closing above 309 should trigger a long trade however aggressive trader can buy the stock now for a target of 335.
Disclaimer : All ideas and comments are my...

PTC has been testing the neckline for a while, completing the head & shoulders yesterday with huge leg up. Finding resistance at 382FIB from few weeks.
May flag up after two huge candles in last two days. Awaiting a breakout/reversal